Iraq has immense oil and natural gas resources that could be rapidly expanded to more than double oil production by 2020 and for Iraq to become a major global oil supplier and natural gas exporter. Realizing this potential will depend on overcoming political and infrastructure challenges to coordinate investments along the supply chain. Success would transform Iraq's economy and prospects through $5 trillion in export revenues over the next two decades, but any delays in development would be costly to Iraq and tighten global oil markets.
The document provides an overview of electricity market reform (EMR) in the UK, including the objectives and key components of EMR. It discusses how the electricity market currently works and the need to reform the market to meet decarbonization, security of supply, and affordability goals. The key elements of EMR include a contract for difference mechanism, capacity market, carbon price floor, and emissions performance standard. It also discusses how EMR relates specifically to new nuclear projects, including the terms agreed with EDF for the Hinkley Point C project.
The ten members of the Association of Southeast Asian Nations (ASEAN) – along with China and India – are shifting the centre of gravity of the global energy system towards Asia.
Energy demand in Southeast Asia has expanded by two-and- a-half times since 1990, its rate of growth among the fastest in the world. Economic and demographic trends point to further growth, lifting the region’s energy use per capita from just half of the global average today. But how will Southeast Asia’s fuel mix evolve? And what will the region’s supply and demand balance mean for oil, gas and coal trade?
The International Energy Agency, in co-operation with the Economic Research Institute for ASEAN and East Asia, has studied these issues in consultation with ASEAN member governments and leading commentators, industry representatives and international experts. This special report, in the World Energy Outlook series, presents the findings.
The document summarizes that the 1991 Gulf War in Iraq cost $40 billion total, with 75% paid by Kuwait and Saudi Arabia from increased oil profits. The war caused oil prices to rise from $15 to $42 per barrel, generating $60 billion in extra profits - half to oil companies and half to Arab governments. Most major oil companies are American-owned, so the US government and private companies profited over $20 billion. The document argues the real motivation for the war was economic gain from higher oil prices and profits, not humanitarian or freedom reasons as publicly claimed.
Adapting to the UK Energy Market as a Responsible & Reliable Large Electricit...
The UK energy landscape is rapidly changing and this change poses treats & opportunities for large multi-site electricity users, like Welsh Water. The session outlines what a not-for-profit water company is doing to ensure that its customers aren’t impacted by this changing landscape.
This document summarizes an update on searching in Drupal. It discusses improvements to the views user interface for searching, how Drupal's core search works and its SQL, and three patches to improve core search SQL performance. It also briefly mentions other search options like fuzzy search and faceted search. The document focuses on views-based searching and provides an overview of core search indexing, ranking, and queries. It examines the SQL for AND, OR, and exclude queries and proposes solutions to improve performance.
World Energy Outlook 2014 by Dr. Fatih Birol, Chief Economist of the the Inte...
Does growth in North American oil supply herald a new era of abundance - or does turmoil in parts of the Middle East cloud the horizon? How much can energy efficiency close the competitiveness gap caused by differences in regional energy prices? What considerations should shape decision-making in countries using, pursuing or phasing out nuclear power? How close is the world to using up the available carbon budget, which cannot be exceeded if global warming is to be contained? How can sub-Saharan Africa's energy sector help to unlock a better life for its citizens?
The document summarizes an analysis of global oil market trends from 2016 to 2021 by the International Energy Agency. It finds that while oil demand growth will remain solid at 1.2 million barrels per day, supply growth will plunge as investment cuts by oil producers in response to low prices take effect. This will tighten the oil market and drive price recovery in 2017. Iran is projected to lead production increases by OPEC members over this period, while US production will rise to an all-time high despite an initial dip. However, available spare production capacity may limit significant price rallies in the near-term. The large cuts in upstream investment also raise risks to oil security in the future.
This document summarizes key findings from the World Energy Outlook 2012 report by the IEA. It notes that the foundations of the global energy system are shifting, with changes in oil and gas production and policies on nuclear energy in some countries. Emerging economies such as China, India, and the Middle East are driving growth in global energy demand. The US is experiencing a transformation into a significant oil and gas producer. Energy efficiency represents a major untapped opportunity that could significantly reduce energy demand and carbon emissions.
The document discusses trends in global energy markets from 2010 to 2035 according to projections from the International Energy Agency's World Energy Outlook 2012. It notes that energy demand is expected to rise by over one-third by 2035, driven by economic growth in China, India, and the Middle East. While dependence on oil and gas imports is projected to increase in many countries, the US is expected to reduce its dependence due to increased domestic unconventional oil and gas production. The growth of liquefied natural gas trade is also expected to diversify international gas markets away from traditional oil-linked pricing.
The document discusses Iraq's oil pipeline infrastructure and plans for expansion. It details the 5 existing pipelines which transport oil within Iraq and to export terminals, 2 of which are currently closed. Plans are outlined to increase export capacity from the current 2.8 million bbl/d to 6.9 million bbl/d through new pipelines, including a 1.75 million bbl/d line from Basra to Haditha and connections to Syria. The Iraqi government aims to increase oil production from 3 million bbl/d currently to 6 million bbl/d by 2017 and export capacity from 3.2 million bbl/d to 12 million bbl/d through investments in pipeline and port infrastructure.
UK electricity profits from GenerationDerek Louden
The document analyzes financial data from the "Big Six" UK energy companies and finds that their reported profits from retail electricity sales are much lower than their actual overall profits when factoring in returns from electricity generation. For example, SSE reported a 5% return from retail but earned over 50% on generation. Overall returns for companies like SSE, Centrica and EDF were around 10%, much higher than suggested to regulators. The author concludes the companies misrepresented their true profitability.
The document examines people's energy usage habits at home through interviews. It finds that most people use regular light bulbs and fluorescent lights rather than more efficient bulbs, rely on non-renewable energy like gas for hot water rather than renewable options like solar, and own more electrical appliances than necessary. While people report high electricity usage, their gas or diesel usage is lower. The conclusion calls for greater energy saving awareness and habits to prevent negative environmental impacts from excessive consumption.
The document provides an overview of electricity market reform (EMR) in the UK, including the objectives and key components of EMR. It discusses how the electricity market currently works and the need to reform the market to meet decarbonization, security of supply, and affordability goals. The key elements of EMR include a contract for difference mechanism, capacity market, carbon price floor, and emissions performance standard. It also discusses how EMR relates specifically to new nuclear projects, including the terms agreed with EDF for the Hinkley Point C project.
The ten members of the Association of Southeast Asian Nations (ASEAN) – along with China and India – are shifting the centre of gravity of the global energy system towards Asia.
Energy demand in Southeast Asia has expanded by two-and- a-half times since 1990, its rate of growth among the fastest in the world. Economic and demographic trends point to further growth, lifting the region’s energy use per capita from just half of the global average today. But how will Southeast Asia’s fuel mix evolve? And what will the region’s supply and demand balance mean for oil, gas and coal trade?
The International Energy Agency, in co-operation with the Economic Research Institute for ASEAN and East Asia, has studied these issues in consultation with ASEAN member governments and leading commentators, industry representatives and international experts. This special report, in the World Energy Outlook series, presents the findings.
The document summarizes that the 1991 Gulf War in Iraq cost $40 billion total, with 75% paid by Kuwait and Saudi Arabia from increased oil profits. The war caused oil prices to rise from $15 to $42 per barrel, generating $60 billion in extra profits - half to oil companies and half to Arab governments. Most major oil companies are American-owned, so the US government and private companies profited over $20 billion. The document argues the real motivation for the war was economic gain from higher oil prices and profits, not humanitarian or freedom reasons as publicly claimed.
Adapting to the UK Energy Market as a Responsible & Reliable Large Electricit...EMEX
The UK energy landscape is rapidly changing and this change poses treats & opportunities for large multi-site electricity users, like Welsh Water. The session outlines what a not-for-profit water company is doing to ensure that its customers aren’t impacted by this changing landscape.
This document summarizes an update on searching in Drupal. It discusses improvements to the views user interface for searching, how Drupal's core search works and its SQL, and three patches to improve core search SQL performance. It also briefly mentions other search options like fuzzy search and faceted search. The document focuses on views-based searching and provides an overview of core search indexing, ranking, and queries. It examines the SQL for AND, OR, and exclude queries and proposes solutions to improve performance.
Does growth in North American oil supply herald a new era of abundance - or does turmoil in parts of the Middle East cloud the horizon? How much can energy efficiency close the competitiveness gap caused by differences in regional energy prices? What considerations should shape decision-making in countries using, pursuing or phasing out nuclear power? How close is the world to using up the available carbon budget, which cannot be exceeded if global warming is to be contained? How can sub-Saharan Africa's energy sector help to unlock a better life for its citizens?
The document summarizes an analysis of global oil market trends from 2016 to 2021 by the International Energy Agency. It finds that while oil demand growth will remain solid at 1.2 million barrels per day, supply growth will plunge as investment cuts by oil producers in response to low prices take effect. This will tighten the oil market and drive price recovery in 2017. Iran is projected to lead production increases by OPEC members over this period, while US production will rise to an all-time high despite an initial dip. However, available spare production capacity may limit significant price rallies in the near-term. The large cuts in upstream investment also raise risks to oil security in the future.
This document summarizes key findings from the World Energy Outlook 2012 report by the IEA. It notes that the foundations of the global energy system are shifting, with changes in oil and gas production and policies on nuclear energy in some countries. Emerging economies such as China, India, and the Middle East are driving growth in global energy demand. The US is experiencing a transformation into a significant oil and gas producer. Energy efficiency represents a major untapped opportunity that could significantly reduce energy demand and carbon emissions.
Shale Revolution and Energy Security: Role of LNGIPPAI
The document discusses trends in global energy markets from 2010 to 2035 according to projections from the International Energy Agency's World Energy Outlook 2012. It notes that energy demand is expected to rise by over one-third by 2035, driven by economic growth in China, India, and the Middle East. While dependence on oil and gas imports is projected to increase in many countries, the US is expected to reduce its dependence due to increased domestic unconventional oil and gas production. The growth of liquefied natural gas trade is also expected to diversify international gas markets away from traditional oil-linked pricing.
World energy outlook presentationto pressAnochi.com.
1) The global energy system is undergoing significant changes due to shifts in oil and gas production in some countries, retreat from nuclear in others, and growing policy focus on energy efficiency.
2) Emerging economies, especially China, India, and the Middle East, are driving increased global energy demand and will account for most of the world's energy needs by 2035.
3) Improving energy efficiency presents a major opportunity to reduce energy expenditures, cut emissions, and boost economic gains but much of its potential remains untapped.
A PowerPoint presentation given to world media at the release of the WEO report, published Nov. 2012. The presentation contains many charts found in the report. The report itself is an annual publication by the International Energy Agency. The 2012 version calls attention to the world-changing impact of hydraulic fracturing of shale gas and oil deposits in North America. Its worldwide impact, according to the report, is profound.
The document summarizes key findings from the World Energy Outlook 2012 report. It finds that:
1) Global energy demand is projected to increase over one-third by 2035, driven primarily by rising living standards in China, India, and the Middle East.
2) The US is undergoing an energy transformation through surging production of unconventional oil and gas. Iraq's oil production is also poised for major expansion, making it the second largest exporter by the 2030s.
3) Renewable energy subsidies totaled $88 billion in 2011 but $4.8 trillion is needed globally through 2035, with over half already committed or needed to meet 2020 targets.
The document summarizes key findings from the World Energy Outlook 2012 report. It finds that:
1) Global energy demand is expected to increase over 35% by 2035, driven primarily by rising living standards in China, India, and the Middle East.
2) Emerging economies like China and India will account for most of this increased demand and will steer global energy markets and trade flows away from OECD countries.
3) Energy efficiency represents a major untapped resource that could halve the growth in global energy demand by 2035 while also reducing costs and delaying carbon lock-in.
Charts and graphs slide presentation used to announce the International Energy Agency's Medium-Term Oil Market Report (MTOMR) at a London conference on May 14, 2013. The new MTOMR report calls the abundance of American shale oil a "supply shock" for the worldwide oil market. The report also predicts American imports from OPEC countries will decrease by nearly 40% in the next five years (see the last slide).
This document summarizes key trends in the global oil market from 2012-2018. It finds that while demand is expected to continue growing, led by non-OECD countries, the growth is slowing. North American oil production is increasing significantly, while OPEC capacity growth is constrained. Iraq and the US are expected to contribute the most new supply during this period. Refining capacity is expanding globally, especially in China and other parts of Asia, as well as in the Middle East. Crude oil trade routes are shifting somewhat from West to East.
The documents summarize U.S. energy production, consumption, and import trends from 2009 to 2025. It shows that while U.S. energy consumption is expected to increase, domestic production will not keep pace, leading to larger import dependencies over time. Specifically, the U.S. energy gap is projected to widen from 13% in 2012 to 20% in 2025, and the liquid fuel gap may grow from 60% in 2006 to 37% in 2025, requiring increased imports. The top sources of U.S. crude oil imports are expected to remain Canada, Mexico, Saudi Arabia and other OPEC nations.
The document summarizes key findings from the World Energy Outlook 2010 report. It finds that while recently announced policies would make a difference, more ambitious action is needed to achieve sustainable energy goals. The report also finds that lack of ambition in Copenhagen accords has increased the cost of limiting global temperature rise to 2°C. Additionally, it notes that the age of cheap oil is over but policy can lower prices, renewables are growing but need long-term support, and phasing out fossil fuel subsidies is the most effective way to cut energy demand.
The document summarizes key findings from the World Energy Outlook 2010 report. It finds that while recently announced policies would improve the energy outlook, much more ambitious action is needed to achieve sustainable energy goals. Unless commitments made at Copenhagen are fully implemented by 2020, limiting global temperature rise to 2°C will be nearly impossible. The age of cheap oil is over, but smart policy can still lower prices from what they would otherwise be. Renewables are growing but continued long-term support is critical. Phasing out fossil fuel subsidies is the most effective way to reduce energy demand.
The UAE plans to increase crude oil and gas production over the next few years through enhanced oil recovery techniques in mature fields, with the goal of expanding oil production by 30% by 2020. This includes projects to increase production at the Upper Zakum and Lower Zakum oil fields. The UAE also aims to increase domestic natural gas production to meet growing demand, though developing its gas reserves is challenging due to high sulfur content.
Qatargas has delivered over 2,300 LNG cargoes to Japanese customers since 1997. Senior Qatari officials recently met with Japanese companies to discuss expanding LNG exports to Japan and other areas of cooperation.
Dow Chemical and its Kuwaiti partner KPC
New base 26 december 2017 energy news issue 1119 by khaled al awadiKhaled Al Awadi
- DEWA, the electricity and water authority in Dubai, met with a delegation from General Electric to discuss boosting cooperation on energy projects, with a focus on clean and renewable energy. DEWA is committed to Dubai's goal of sourcing 75% of its energy from clean sources by 2050.
- Kuwait signed a 15-year LNG import deal with Shell to secure gas supplies and free up more oil for export. Importing LNG will be cheaper than burning oil for power and help meet summer cooling demand.
- India's ONGC Videsh plans to acquire producing oil and gas assets to more quickly boost its overseas output by over 50% by 2020, rather than relying solely on new
MEED Projects Oil and gas Webinar Presentation 10.12.12humeras
The document summarizes oil and gas contracts awarded between 2007-2012 in the GCC region. It shows that contracts worth $182.2 billion were awarded during this period, with a peak of $52.3 billion in 2009. Saudi Arabia accounted for the largest share at $87.6 billion, followed by the UAE at $60.2 billion. By sector, oil and gas production saw the highest value contracts of $49.1 billion. The document also provides an overview of major past and planned contracts in various GCC countries through 2012-2015.
Meed projects oil and gas webinar (2012.12)Yang Lee
The document summarizes oil and gas contracts awarded between 2007-2012 in the GCC region. Key points include:
- Over $182 billion in contracts were awarded, with a peak of over $52 billion in 2009 and a decline since.
- Saudi Arabia accounted for the largest share at $87.6 billion, followed by UAE at $60.2 billion.
- The majority of contracts were for oil and gas production projects, totaling $49.1 billion.
- Major contractors were predominantly South Korean, responsible for four of the top five largest contracts by value.
Greetings,
Attached FYI ( NewBase Special 04 November 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• MENA power contracts total $65 bn in 12 month
• GCC: Oil demand rose 9% a year since 1973 across GCC
• Mozambique: Sasol, Partners Awarded Two Licences
• UK: Statoil to build the world’s first floating wind farm –
• U.S. oil refiners look abroad for crude supplies as North
• Oil prices slide on profit-taking, but supply risks support
• When a 127-Year-Old U.S. Industry Collapses Under China's Weight
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
MEED Projects Oil and gas webinar presentation 101212humeras
The document summarizes oil and gas contracts awarded from 2007-2012 in the GCC region. It finds that $182.2 billion in contracts were awarded over this period, with a peak of $52.3 billion in 2009. Saudi Arabia accounted for the largest share at $87.6 billion, followed by the UAE at $60.2 billion. Oil and gas production was the largest sector by value at $49.1 billion. The document also outlines major past and planned contracts in various GCC countries and forecasts increasing contract awards from 2013-2015 after a decline since 2009.
LNG is becoming the preferred way to transport natural gas over long distances, with the number of importing countries expected to reach 50 by the mid-2020s, up from fewer than 10 in 2000. In 2018, wind, solar PV and bioenergy provided 11% of electricity in G20 countries while nuclear provided 12% and hydro 16%. There are four key opportunities to scale up hydrogen between now and 2030 to help meet energy security and decarbonization goals. Worldwide improvements in energy efficiency are slowing, despite significant untapped potential, and stronger action is imperative.
The International Energy Agency’s annual benchmark for tracking energy investment, World Energy Investment 2019 provides a full picture of today’s capital flows and what they might mean for tomorrow’s energy sector. It assesses whether the frameworks and strategies put in place by governments, the energy industry, and financial institutions are spurring timely investment, and how spending across sectors and technologies matches with the world’s energy security and sustainability needs.
Dr Fatih Birol, Executive Director of the International Energy Agency, spoke at the EU-US Business to Business Energy Forum in Brussels on May 2, 2019, about the global LNG trade.
his webinar presented the most recent findings from IEA’s Energy Efficiency Market Report 2018, featuring:
- The Efficient World Scenario: What would happen by 2040 if countries realised all the economically viable energy efficiency potential that is available today?
- The Efficient World Strategy: The policies, technologies and strategies for achieving an Efficient World exist today. Global experiences point the way.
- Special focus on South Africa and other emerging economies: highlights, progress, and potential.
- Findings on the current rate of progress on improving energy efficiency, and historic and current trends.
The webinar was organised by the South African Department of Energy’s Energy Efficiency Initiatives Directorate and the International Energy Agency, and is presented by Joe Ritchie, Energy Policy Analyst at the IEA and report coordinator.
The document summarizes the IEA's Sustainable Development Scenario, which outlines an integrated strategy to reduce CO2 emissions while achieving universal energy access, improving air quality, and addressing climate change. Key points include:
1) Current energy trends will lead to record high CO2 emissions in 2018, putting climate goals at risk, while progress on other SDGs like access and air quality remain uneven.
2) The Sustainable Development Scenario shows that addressing climate change, universal access, and air pollution can be achieved together in an integrated approach, with little extra cost.
3) Concerted action across renewable energy, energy efficiency, innovative technologies, and more are all needed to significantly reduce emissions from current
This webinar covers the most recent findings from IEA’s Energy Efficiency Market Report 2018, featuring the Efficiency World Scenario, the Efficient World Strategy, and a special focus on Brazil and Mexico. It includes a discussion on the current rate of progress on improving energy efficiency, as well as historic and current trends. The webinar was organised in cooperation with the Brazilian Ministry of Mines and Energy (MME), Energy Research Office (EPE) and the Mexican Ministry of Energy (SENER), and presented by Joe Ritchie and Edith Bayer.
Este documento presenta un resumen del Reporte del Mercado de la Eficiencia Energética 2018 de la Agencia Internacional de la Energía (AIE). Incluye tendencias y prospectivas sobre eficiencia energética a nivel global y en países como Brasil y México. También analiza el potencial de ahorro de energía si se maximizara el aprovechamiento de la eficiencia energética disponible actualmente y los beneficios que esto traería para la economía, el sistema energético y el medio ambiente.
This webinar covers the most recent findings from IEA’s Energy Efficiency Market Report 2018, featuring the Efficiency World Scenario, the Efficient World Strategy, and a special focus on Brazil and Mexico. It includes a discussion on the current rate of progress on improving energy efficiency, as well as historic and current trends. The webinar was organised in cooperation with the Brazilian Ministry of Mines and Energy (MME), Energy Research Office (EPE) and the Mexican Ministry of Energy (SENER), and presented by Joe Ritchie and Edith Bayer.
What do changing energy dynamics mean for the world’s largest oil and gas exporters? A new special report, part of the IEA’s flagship World Energy Outlook series, focuses on six key producers, Iraq, Nigeria, Russia, Saudi Arabia, United Arab Emirates & Venezuela, and examines the pressures that they face in different price and policy scenarios to 2040. The drive for energy efficiency and the long-term response to climate change, in addition to technology innovation and the shale revolution, all point to sustained pressure on economies that rely heavily on revenue from oil and gas.
The document discusses trends in global energy demand and supply. It notes that Southeast Asia, China, and India will account for 60% of the projected increase in global oil demand by 2019. It also discusses rising natural gas and coal imports in Southeast Asia to meet growing demand. Finally, it outlines implications for Indonesia, including managing higher oil prices, opportunities in the emerging global gas market, investing in the power sector, and utilizing renewables and efficiency to address challenges.
1) Global oil demand remains robust and is projected to increase by 1.4 mb/d in 2019, with China and India accounting for almost half of the growth. Renewables accounted for almost half of the growth in electricity generation in 2017 and are projected to meet a higher share of future growth.
2) Natural gas demand is growing rapidly thanks to its flexibility and ability to reduce environmental problems. China has become the largest natural gas importer and U.S. production and LNG exports are rising dramatically. Industry is now the leading driver of gas demand growth.
3) The U.S. accounts for almost 45% of the growth in global natural gas production and 75% of growth in LNG exports between 2017
This document discusses the energy-water nexus and the United Nations Sustainable Development Goals (SDGs). It summarizes that achieving SDG 6 on clean water and sanitation will require significant energy, while energy production requires large amounts of water. Meeting climate targets under SDG 13 may not be possible without proper water resource management. Decentralized renewable energy may help provide access to energy and water in overlapping areas currently without either. Key ongoing work includes analyzing the energy needs to meet water and sanitation targets, identifying solutions that achieve multiple SDGs, and increasing efficiency of water use in the energy sector.
The document provides an overview and agenda for an online launch event discussing the IEA-CSI Technology Roadmap for the low-carbon transition in the cement industry. The roadmap analyzes strategies and technologies to reduce carbon emissions from cement production, including improving energy efficiency, increasing the use of alternative fuels and raw materials, reducing the clinker-to-cement ratio, and deploying innovative and emerging low-carbon technologies such as carbon capture and alternative binding materials. It finds that these measures could reduce cement sector emissions by over 80% by 2050 compared to current levels if fully implemented. The event will discuss milestones, actions, and investment needs to achieve this vision through international collaboration between governments and industry.
This document summarizes the key points from an online launch event for the IEA-CSI Technology Roadmap: Low-carbon Transition in the Cement Industry. The event included presentations on the technical analysis and findings of the roadmap, strategies for policy, finance, and international collaboration, and next steps. The roadmap models pathways to reduce CO2 emissions from cement production through increased energy efficiency, alternative fuels, lower clinker content, innovative technologies, and carbon capture. It finds that these measures could reduce cement industry CO2 emissions by up to 90% by 2050 compared to current trends. However, significant investment and cooperation across governments, industry and other stakeholders will be required to achieve this transition.
Dr. Fatih Birol, the Executive Director of the International Energy Agency, gave a talk at Imperial College London on 20 March 2018 to discus how new technologies - including electrification & digitalisation – create opportunities, but also risks & uncertainty.